varda's Blog

Avatar

Speculators Make Significant Adjustments In The Currency Futures

The bulls added 12.3k yen contracts to lift their gross long position to 97.4k contracts. It is the largest long position since April. The bears added 2.2k to their gross short position, raising to 28.5k contracts.Sterling bulls are a fickle lot. After adding almost 29k contracts to their gross long position in the CFTC reporting week ending September 23, they liquidated 21.1k contracts in the most recent reporting period. The gross long position stands at 48.2k contracts. which matches the four…
Read full story
Translate to English Show original
orto leave comments
Avatar

ECB Meeting in focus

The dollar slipped against the euro on wednesday after some trader cut by on risk by reversing long-standing bets against the euro ahead of ECB thursday meeting.
US aged up on choppy wednesday session as trader digested repot that new stimulus would be announced at ECB thursday meeting.
Gold paired gain on thursday after climb 1300 label since agust as proposed bond buying programme by ECB on thursday meeting.
Global oil price also snapped 2 day decline rose around 2 % on wednesday.
Read full story
Translate to English Show original
orto leave comments